Automotive Lead Acid Batteries have been the most common mode of energy storage for the past hundred years. They are utilized in car, desk bound, and deep cycle programs. Lead-acid batteries had been the dominant battery technology in the car market. Despite the emergence of new technology, its dominance will remain untouched in the years yet to come due to its low value and extended lifespan. It is easily the most effective mode within the automotive vicinity because of its extremely good overall performance.
Automotive Lead Acid Batteries Market Forecast Report( 2019-2024):
Global Automotive Lead Acid Batteries Market was worth USD 41.1 billion in 2019 and is projected to grow at a CAGR of 5.88%, to reach USD 54.7 billion by 2024.
Automotive Lead Acid Batteries Market Growth:
The growth of this market is stimulated via a variety of things which encompass growing vehicle manufacturing as a consequence of a promising automobile income outlook in developing economies, growing production of hybrid and electric powered cars, developing automobile electrification, studies and development collaborations, and solid car manufacturing. Low maintenance and developing adoption of superior car technology in addition contribute to the growth of the market. Key inclinations found within the international automobile lead acid battery marketplace encompass enhancements in lead acid battery era and prolonged-term deliver contracts between battery vendors and car OEMs.
Manufacturers are also centered on developing high-quality car lead acid batteries adhering to guidelines and OEM particular necessities. Some of the automobile lead acid battery vendors have long-time period providers’ contracts with OEMs with regards to the development of vehicle lead acid batteries.
Automotive Lead Acid Batteries Market Segmentation:
The automobile Lead Acid Batteries market is categorized via type, application, customer and Product. Based on type, it is classified into VRLA, Flooded, and enhanced Flooded batteries. On the premise of application, the marketplace is categorized into LCVs/HCVs, 3 Wheelers, two Wheeler, and Passenger car. On the basis of product it's classified into Micro Hybrid and SLI Batteries.
On the basis of regional segmentation, the Automotive Lead Acid Batteries market is categorized into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Asia-Pacific led the worldwide vehicle lead acid batteries marketplace in 2017. The automotive lead acid batteries marketplace in Asia-Pacific is projected to witness the highest growth over the coming years. Growing demand for the market to fulfill the needs of the increasing populace in Asia-Pacific is predicted to provide major growth prospects.
Automotive Lead Acid Batteries Market Key Players:
Some of the major players in Automotive Lead Acid Batteries market are C&D Technologies, Inc., CSB Battery Co., Ltd., Hitachi Chemical Energy Technology Co. Ltd., East Penn Manufacturing Company, Enersys Inc., Exide Industries Ltd., Exide Technologies Inc., GS Yuasa Corporation, and Johnson Controls Inc.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 SLI Batteries
5.1.2 Micro Hybrid Batteries
5.1.3 Y-o-Y Growth Analysis, By Product
5.1.4 Market Attractiveness Analysis, By Product
5.1.5 Market Share Analysis, By Product
5.2 Type
5.2.1 Flooded Batteries
5.2.2 Enhanced Flooded Batteries
5.2.3 VRLA Batteries
5.2.4 Y-o-Y Growth Analysis, By Type
5.2.5 Market Attractiveness Analysis, By Type
5.2.6 Market Share Analysis, By Type
5.3 Application
5.3.1 Passenger Car
5.3.2 LCVs/HCVs
5.3.3 Two Wheeler
5.3.4 Three Wheeles
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 Customers
5.4.1 OEM
5.4.2 Aftermarket
5.4.3 Y-o-Y Growth Analysis, By Customers
5.4.4 Market Attractiveness Analysis, By Customers
5.4.5 Market Share Analysis, By Customers
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By Customers
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By Customers
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By Customers
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 C&D Technologies, Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 CSB Battery Co., Ltd.
8.3 Hitachi Chemical Energy Technology Co. Ltd.
8.4 East Penn Manufacturing Company
8.5 Enersys Inc
8.6 Exide Industries Ltd
8.7 Exide Technologies Inc.
8.8 GS Yuasa Corporation
8.9 Johnson Controls Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
